Step 1: Understanding the Concept:
The Nernst equation is used to calculate the electrode potential under non-standard conditions. Note that the question asks for the oxidation potential ($Cu \to Cu^{2+}$).
Step 2: Formula Application:
First, find Reduction Potential ($E_{red}$): $E_{red} = E^{\circ} - \frac{0.059}{n} \log \frac{1}{[Cu^{2+}]}$
Then, Oxidation Potential ($E_{ox}$) = $-E_{red}$.
Step 3: Explanation:
$E_{red} = 0.34 - \frac{0.059}{2} \log \frac{1}{0.1}$
$E_{red} = 0.34 - 0.0295 \log(10) = 0.34 - 0.0295 = 0.3105$ V.
Since we need the oxidation potential for $Cu \to Cu^{2+}$, $E_{ox} = -0.3105$ V.
Step 4: Final Answer:
The potential is -0.3104 V.